• Skrill, a global payments company, has expanded its crypto wallet offerings

  • Paysafe, the parent company of online money transfer provider Skrill, revealed this week that the payment platform has added 20 new cryptocurrencies to its digital wallet, giving consumers another way to access digital assets.

    Customers outside of the United States will get access to 35 cryptocurrencies starting this week, according to the business. Services to purchase and sell cryptocurrency are also available in 48 states and territories within the United States.

    Aave, Balancer, Curve, Compound, Synthetix, Uniswap, and Sushiswap are among the newly supported cryptocurrencies. Dogecoin (DOGE) and Polygon were also added.

    Users of NETELLER, another Paysafe money transfer service, will have access to the extended crypto wallet as well.

    “Following a boom in general industry activity, we’re seeing more interest in cryptocurrency than ever before from our digital wallet users, both current and new,” said Rupinder Singh, a senior vice president at Paysafe. “We want to make it as simple as possible for consumers to get started with cryptocurrency via Skrill or NETELLER.”

    Skrill was seen as a potential driver of bitcoin adoption in early 2020. The payment company was planning a huge shift to cryptocurrencies at the time, including fiat-to-crypto conversion services and complete Bitcoin (BTC) integration into its Quick Checkout module.

    According to Skrill’s internal research from earlier this year, 28 percent of the 8,000 consumers polled felt that cryptocurrencies are a smart long-term investment. Three-quarters of respondents said they had already purchased cryptocurrencies.

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